Vaxart's Oral COVID-19 Vaccine Shows Positive 12-Month Safety in Phase 2b Sentinel Cohort
VXRT has more than doubled off its 52-week low of $0.261 on light trading volume (0.4× avg).
Summary
Vaxart reported positive 12-month safety data from the sentinel cohort of its Phase 2b oral COVID-19 vaccine trial, with no serious adverse events, supporting continued development.
Key Events · Product Development and Regulatory · VXRT
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Positive Phase 2b Safety Data
The oral pill COVID-19 vaccine candidate showed no vaccine-related serious adverse events (SAEs) or sustained Grade 3 or higher adverse events over 12 months in the 400-participant sentinel safety cohort.
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Favorable Adverse Event Profile
Common adverse events for the oral vaccine were generally less severe and frequent than those reported for the mRNA vaccine comparator, particularly regarding injection site reactions.
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Full Efficacy Data Expected in 2027
This sentinel cohort was not powered for efficacy. Topline data from the complete 5,400-participant study, including efficacy, is anticipated in 2027.
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BARDA Funding Continues
The vaccine development is supported by a Project NextGen award from BARDA, valued at up to $344.8 million, which this positive safety data helps to underpin.
Analysis · VXRT · Life Sciences
Vaxart announced encouraging 12-month safety data from the initial 400-participant sentinel cohort of its Phase 2b oral COVID-19 vaccine trial. The absence of vaccine-related serious adverse events or sustained severe adverse events is a critical positive step for the program, especially as the company continues to develop its oral vaccine platform with significant BARDA funding. While this data does not include efficacy, it de-risks the safety profile ahead of the full study readout in 2027.
At the time of this filing, VXRT was trading at $0.58 on OTC in the Life Sciences sector, with a market capitalization of approximately $149.3M. The 52-week trading range was $0.26 to $0.84. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.